Khairy unveils BN's shadow budget, proposes to bring back GST at 3%

  • Nation Premium
  • Thursday, 01 Nov 2018

KUALA LUMPUR: Barisan Nasional has unveiled its first "shadow budget", with a proposal to re-introduce the Goods and Services Tax (GST) at 3% being the key element.

Rembau MP Khairy Jamaluddin, who holds the shadow Finance Ministry portfolio, said the alternative budget titled People's Economic Initiative, seeks to reintroduce the GST, among others because the Sales and Service Tax (SST) had failed to bring down prices of basic goods and items.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Nation

PM congratulates SEA Games athletes for hitting gold medal target Premium
Covid-19 Watch: 1,099,250 children in Malaysia fully vaccinated Premium
Five structures demolished, 41 illegal houses in Kudat given notice of eviction during Op Gasak Laut Premium
Labuan MP files tries again to squash abuse of power charge Premium
Full cooperation over tax evasion probe involving Sabah civil servants, says Safar Untong Premium
Five-year target for recovery of tourism sector too long, says Muhyiddin Premium
Covid-19 Watch: 2,063 new cases, nationwide ICU bed usage at 58.4pc Premium
Police begin probe into Kit Siang's tweet on Sri Lanka violence Premium
Wang hopes kids’ custody battle will be over soon Premium
Preacher says ‘black magic’ skin condition is real Premium

Others Also Read